Save Money on Subaru Outback Insurance in Cincinnati

Want to learn the secrets to finding the cheapest insurance rates in Cincinnati, OH? Cincinnati shoppers have lots of choices when shopping for affordable Subaru Outback insurance. You can either spend your time calling around trying to get quotes or save time using the internet to make rate comparisons.

There is a better way to shop for insurance and we’ll show you the proper way to quote coverages for a new or used Subaru and locate the lowest possible price from Cincinnati insurance agents and online providers.

It’s a great practice to price shop coverage yearly since prices are variable and change quite frequently. If you had the lowest price on Subaru Outback insurance in Cincinnati a couple years back you will most likely find a better rate today. Forget all the misinformation about insurance because we’re going to demonstrate the best methods to get good coverage on Subaru Outback insurance in Cincinnati at a lower rate.

These tips will teach you the best methods to compare rates and how you can save the most money. If you have auto insurance now, you stand a good chance to be able to find the best rates using the ideas you’re about to read. Vehicle owners just need to learn the proper methods to shop for auto insurance instantly.

Informed Drivers Know How to Quote Car Insurance at a Discount

Many different elements are part of the equation when you get a price on insurance. Some are pretty understandable such as traffic violations, but other criteria are less obvious such as your credit history or how financially stable you are. It’s important that you understand the rating factors that play a part in calculating the level of your policy premiums. When consumers understand what influences your rates, this allows you to make good choices that could result in lower premium levels.

The list below includes some of the most common factors utilized by car insurance companies to help set premiums.

• How credit history affects car insurance prices – Having a bad credit rating is a big factor in determining premium rates. If your credit could use some work, you could be paying less to insure your Subaru Outback by repairing your credit. Drivers who have very good credit scores tend to be better drivers and file fewer claims than those with bad credit.
• Add-on coverages you don’t need – There are a ton of additional coverages that you can buy when buying car insurance. Insurance for roadside assistance, accident forgiveness, and membership fees may be costing you every month. They may seem like a good idea when talking to your agent, but now you might not need them so eliminate them to save money.

• Pay more for higher performance vehicles – The type of car you own makes a significant difference in your car insurance bill. Lower cost passenger cars generally receive the lowest base rates, but other factors influence the final cost greatly.

  The chart below uses these assumptions: married male driver age 40, full coverage with $500 deductibles, and no discounts or violations. The data compares Subaru Outback insurance rates compared to other vehicles that have different performance rating factors.

• Alarms and GPS tracking lowers car insurance rates – Selecting a car model that has a built-in theft deterrent system can earn a premium discount. Advanced theft deterrents such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping car theft and help bring rates down.

• High premiums for younger drivers – Teen drivers in Ohio are statistically shown to be inattentive and easily distracted behind the wheel and because of this, their car insurance rates are much higher. Older insureds are proven to be safer behind the wheel, cause fewer claims and accidents, and are generally more financially stable.

  The next chart assumes a single driver, full coverage with $1000 deductibles, and no discounts or violations.

• Your vocation is a factor – Occupations like fire fighters, police officers, and medical professionals generally pay higher premium rates attributed to high stress levels and lots of time spent away from family. Other jobs like farmers, engineers and the unemployed have the lowest average rates.
• A policy lapse is a bad thing – Allowing your car insurance policy to lapse is a sure-fire way to drive up your policy premiums. Not only will you pay higher rates, the inability to provide proof of insurance may result in fines and jail time. Then you may be required to provide proof of insurance in the form of an SR-22 filing with the Ohio motor vehicle department.
• Your location is important – Residing in less populated areas of the country may provide you with better prices when shopping for auto insurance. Less people translates into fewer accident claims and also fewer theft and vandalism claims. City drivers tend to have more traffic problems and much longer commute distances. Longer commute distances statistically corresponds to a higher accident and claim rate.

• Subaru Outback claim statistics – Insurance companies use claims history to help set a rate to offset losses. Models that statistically have a higher amount or frequency of claims will cost more for coverage. The table shown below demonstrates the loss history for Subaru Outback vehicles.

  For each coverage category, the statistical loss for all vehicles, without regard to make or model, is considered to be 100. Values below 100 indicate a favorable loss history, while values over 100 show a trend for more claims or tendency to have higher losses.

  
  

  Car Insurance Loss Data for Subaru Outback Models

  Vehicle Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Subaru Outback 4WD	58	68	106	63	64	68
  Subaru Outback with Eyesight 4WD	57	46	106	61	58	40

  BETTER

  AVERAGE

  WORSE

  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Subaru Outback insurance coverage information

The rate information below highlights estimates of insurance policy prices for Subaru Outback models. Having a good grasp of how insurance quotes are established can be useful when making smart choices when buying a car insurance policy.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Estimates do not factor in specific location information which can influence coverage rates noticeably.

Deductible comparison

When buying auto insurance, a common question is where to set your physical damage deductibles. The premium rates below summarize the cost difference when you buy lower versus higher physical damage deductibles. The first pricing table uses a $250 deductible and the second price table uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Premium costs do not factor in specific location which can influence auto insurance rates greatly.

Based on the data above, we can derive that using a $250 deductible costs about $18 more each month or $216 for a full year than requesting the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you go more than 42 months between claims, you would probably be better off by going with a higher deductible.

An important sidenote is that increasing deductibles to lower your rates results in more money out-of-pocket at claim time. That will force you to have enough extra money in order to pay the deductible.

The illustration below highlights how deductible choice and can raise or lower Subaru Outback insurance costs for each different age category. The data is based on a single male driver, full coverage, and no discounts are taken into consideration.

How violations and accidents impact rates

The information below shows how violations and fender-benders can impact Subaru Outback insurance prices for different categories of driver ages. The data assumes a single male driver, full physical damage coverage, $1,000 deductibles, and no policy discounts are applied.

Auto insurance prices based on gender

The illustration below shows the difference between Subaru Outback yearly insurance costs for male and female drivers. The price estimates are based on no claims or violations, comp and collision included, $1,000 deductibles, single marital status, and no policy discounts are applied.

Cost difference between full coverage and liability

The chart below visualizes the comparison of Subaru Outback auto insurance costs with full coverage compared to only the Ohio minimum liability coverage. The data assumes no violations or claims, $1,000 deductibles, single marital status, and no policy discounts are applied.

Guidelines for dropping full coverage

There is no definitive formula to stop buying comp and collision coverage, but there is a general convention. If the yearly cost of full coverage is more than about 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s say your Subaru Outback book value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after you pay the deductible. If it’s costing in excess of $800 a year for full coverage, then it could be time to drop full coverage.

There are some scenarios where eliminating full coverage is not recommended. If you still owe a portion of the original loan, you have to keep full coverage in order to satisfy the requirements of the loan. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should keep full coverage.

Get cheaper rates on Subaru Outback insurance in Cincinnati with these discounts

Some insurers do not advertise the complete list of policy discounts very well, so we took the time to find both well-publicized and also the more inconspicuous credits available to lower your premiums when you buy Cincinnati auto insurance online.

• Renewal Discounts – Some insurance companies reward drivers for switching companies prior to the expiration date on your current Outback insurance policy. This discount can save up to 10%.
• Senior Discount – Drivers that qualify as senior citizens can get a slight reduction on a Cincinnati auto insurance quote.
• Military Discounts – Having a family member in the military may qualify for rate reductions.
• Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off depending on your car insurance provider.
• Online Discount – A handful of larger companies will provide an incentive for completing your application on your computer.
• Organization Discounts – Being in a professional or civic organization could earn you a nice discount on your next renewal.
• Multi-policy Discount – If you can combine your homeowners and auto policy with one insurance company they may give you a discount of up to 20% and get you cheaper Outback insurance.
• Air Bags and Passive Restraints – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of more than 20%.
• Smart Student Discounts – Maintaining excellent grades can earn a discount of 20% or more. This discount can apply until age 25.
• Low Mileage Discounts – Fewer annual miles on your Subaru could qualify for better prices on cars that stay parked.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as comp or med pay. Even though the math looks like adding up those discounts means a free policy, companies wouldn’t make money that way. Any amount of discount will bring down your policy premium.

The example below visualizes the comparison of Subaru Outback premium costs with and without discounts applied to the rates. The rate quotes are based on a female driver, no claims or driving violations, Ohio state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, safe-driver, homeowner, claim-free, and multi-policy discounts applied.

A few of the larger companies and some of the discounts can be read below.

• GEICO has savings for multi-vehicle, defensive driver, membership and employees, daytime running lights, driver training, and anti-lock brakes.
• Auto-Owners Insurance may have discounts that include multiple vehicles, multi-policy, anti-theft, company car, and mature driver.
• American Family has discounts for defensive driver, mySafetyValet, TimeAway discount, air bags, good driver, early bird, and good student.
• Esurance offers premium reductions for good driver, anti-lock brakes, defensive driver, DriveSense, homeowner, and renters.
• Progressive includes discounts for online quote discount, homeowner, online signing, good student, and continuous coverage.
• State Farm may include discounts for accident-free, defensive driving training, good driver, good student, multiple autos, passive restraint, and anti-theft.
• AAA policyholders can earn discounts including good student, AAA membership discount, multi-policy, pay-in-full, and good driver.

Before you buy a policy, ask each company to apply every possible discount. Some discounts may not apply to policyholders everywhere.

Persistence pays off

Cheaper Subaru Outback insurance in Cincinnati can be purchased online as well as from independent agents in Cincinnati, and you should be comparing both to have the best selection. Some companies may not provide price quotes online and these regional insurance providers work with independent insurance agents.

We just covered some good ideas how you can compare Subaru Outback insurance car insurance rates in Cincinnati. The most important thing to understand is the more rate comparisons you have, the better chance you’ll have of finding affordable Subaru Outback insurance quotes. You may even discover the most savings is with a company that doesn’t do a lot of advertising.

When trying to cut insurance costs, it’s a bad idea to reduce coverage to reduce premium. Too many times, an accident victim reduced liability coverage limits and found out when filing a claim that it was a big error on their part. The ultimate goal is to buy enough coverage at a price you can afford and still be able to protect your assets.

How to find more affordable Subaru Outback insurance in Cincinnati

It takes a little time, but the best way to get the cheapest auto insurance rates is to start doing a yearly price comparison from insurance carriers that sell auto insurance in Cincinnati. You can compare prices by following these steps.

• Step 1: Try to understand what is in your policy and the things you can change to keep rates low. Many rating factors that result in higher rates like multiple speeding tickets and a bad credit rating can be rectified by making lifestyle changes or driving safer.
• Step 2: Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can give quotes from a single company like Progressive or Allstate, while independent agencies can provide price quotes from many different companies.
• Step 3: Compare the quotes to the price on your current policy and determine if cheaper Outback coverage is available. If you find a better price, make sure the effective date of the new policy is the same as the expiration date of the old one.

An important part of this process is to try to compare identical coverage information on each quote request and and to look at as many companies as possible. Doing this provides an accurate price comparison and a thorough selection of prices.

More information can be found at these links:

• Five Mistakes to Avoid (Insurance Information Institute)
• Who Has Affordable Cincinnati Auto Insurance Quotes for Uninsured Drivers? (FAQ)
• What Insurance is Cheapest for Drivers Requiring a SR22 in Cincinnati? (FAQ)
• Who Has Cheap Cincinnati Auto Insurance for Teenage Males? (FAQ)
• Who Has the Cheapest Auto Insurance for a Honda Accord in Cincinnati? (FAQ)
• What is Full Coverage? (Allstate)
• Teen Driving Statistics (iihs.org)